The Nominating Committee of Boldtek Holdings Limited has recommended the appointment of Mr. Sim Mong Keang Kenny (Mr Sim) as an Independent Non-Executive Director of the Company and the Board of Directors has approved his appointment based on his qualifications and working experience. Role And Responsibilities: Non-Executive. Job Title: Independent Non-Executive Director, Chairman of the Nominating Committee and Remuneration Committee, and a member of the Audit Committee.

Working Experience: Mr. Sim is the founder and Chief Executive Officer of both I2 Capital Pte Ltd. and CESK Capital Pte Ltd, specialising in investment and corporate advisory services, respectively. He currently serves on the boards of telecommunications company Oden Technology Pte Ltd. and property investment firms Maximus Fortune Pte Ltd. and ZACD Group Ltd, which is listed on the Hong Kong Stock Exchange. He is the Non-Executive Director of Global Invacom Group Limited, a satellite communication company listed on SGX Mainboard and London AIM.

Mr. Sim also founded the Plexus group of companies in 1997, which, under his leadership, became a regional electronics components distributor with 18 offices across Asia. Prior to founding his current companies, Mr. Sim was the Group Managing Director and Chief Executive Officer of SGX Catalist-listed WE Holdings Ltd, acquired in 2011 through a reverse takeover of Westech Electronics Ltd. by Plexus Components. Other DirectorShips Past WE Holdings Limited - Managing Director Trans-Cab Holdings Ltd. Other DirectorShips Present Director of: Global Invacom Group Limited ZACD Group Limited Oden Technology Pte Ltd. I2 Capital Pte Ltd. Maximus Fortune Pte Ltd. CESK Capital Pte Ltd. FSK Advisory Pte Ltd. Legend Property Private Limited K2C Capital Pte Ltd. Event Description Appointment of Independent Director.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Leong Weng Tuck - Registered Professional, 6 Raffl es Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com. Professional Qualifications Bachelor of Commerce from Murdoch University, Western Australia Diploma in Electronics Engineering from Ngee Ann Polytechnic, Singapore.